Today we announced that Figment is bringing the power of staking to stablecoins, introducing a new way for investors to earn yield. It is a first-of-its-kind combination of staking rewards and hedging against the underlying price volatility of staked tokens. We’re bringing our battle-tested infrastructure and security mindset to our new stablecoin product to offer customers exceptional yield opportunities with the peace of mind of an institutional service.
The first product, OpenTrade Stablecoin Staking Yield Powered by Figment, delivers an average 15% APR on stablecoins (based on historical data and subject to market conditions). The product is powered by a dedicated Figment-run validator combined with OpenTrade’s institution-grade stablecoin yield infrastructure. Crypto.com will serve as the custodian of the staked assets and exchange for transactions.
We methodically started approaching this early in 2025. The mandate was clear: higher yields on stablecoins while mitigating the known risks of lending and DeFi. Figment is bringing its “safety over liveness” approach to deliver higher returns, with lower risk – charting a unique path avoiding the exposure typically associated with DeFi marketplaces.
- The product’s infrastructure has legal protections for institutions not otherwise available in DeFi lending.
- Crypto.com and OpenTrade have an industry-leading agreement that enables SOL tokens to be custodied in a segregated account, over which investors are granted a security interest. Assets are also entirely segregated from assets of the exchange and any other entities.
- Customers work with identified counterparties who are available 24/7.
While investors deposit and withdraw stablecoins, the product’s earnings are derived from Solana (SOL) staking returns generated by Figment and offsetting perpetual SOL futures managed by OpenTrade, together delivering historical returns more than double Solana’s usual ~6.5-7.5% staking reward rate. The product is straightforward, all accessible via the Figment platform and APIs. Deposit stablecoins via Figment, begin earning interest immediately, and withdraw any stablecoin amount at any time.
While the destination of stablecoin yield has been clear, the path to get there is one we have walked very carefully by design. Staking and stablecoins share a stability and predictability to them. Introducing yield infrastructure to deliver higher returns is inherently higher risk, so we focused on the risks institutions can control: security, custody, segregation, counterparties, and legal protections.
More to come in this area as the market evolves and regulatory clarity continues to unfold. OpenTrade Stablecoin Staking Yield Powered by Figment is available now. Contact us to take the next step toward higher earnings.
Andy Cronk, Co-Founder and CPO
